Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $367.50 short call and a strike $372.50 long call offers a potential 75.44% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $367.50 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $2.85 would be incurred if the stock rose above the $372.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Mastercard is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Mastercard is bearish.
The RSI indicator is at 36.16 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Mastercard
These 3 Promising Growth Stocks Look Much Better Than Robinhood
Thu, 12 Aug 2021 11:19:00 +0000
Don't fall for another meme stock — these investments are safer and more stable over the long run.
Fintech BNPL Startup Zilch and Philip Belamant Successfully Land Goldman Sachs Investment Backing
Wed, 11 Aug 2021 22:21:10 +0000
By Exec Edge Editorial Staff As a fintech startup focused on Buy Now Pay Later (BNPL) financing, Zilch started working on its second round of funding in April to support increased growth and expansion. After raising over $80 million for Series B, Zilch secured an additional $110 million from Goldman Sachs (NYSE: GS) and DMG […]
Mastercard (MA) Ties Up With Penny Software to Ease B2B Payments
Tue, 10 Aug 2021 14:20:02 +0000
Mastercard (MA) collaborates with Penny Software in a bid to automate the procurement process of businesses and upgrade the B2B payments ecosystem of the wider MENA region.
3 Buffett Stocks That'll Make You Richer in August (and Beyond)
Tue, 10 Aug 2021 09:51:00 +0000
The Oracle of Omaha has a knack for picking out time-tested businesses that consistently outperform.
Mastercard (NYSE:MA) Should Keep Reinvesting the Capital
Tue, 10 Aug 2021 08:16:18 +0000
The 2020 COVID-19 pandemic has been a double-edged sword for companies like Mastercard Incorporated (NYSE:MA) At one side, it reinforced the shift toward electronic payments, but on the other it restricted international travel, hurting the total revenues. While the company has been paying a reliable dividend, the yield has been fairly low compared to the industry average. We will examine why that is the case.
Also on Market Tamer…
Follow Us on Facebook